π¨ $LULU (-6%) Q2
β’ EPS $3.10 > est. $2.86 β
β’ Revenue $2.53B < est. $2.54B β
β’ 2nd guidance cut in 3 months:
β Revenue $10.85β11B (from $11.15β11.3B)
β EPS $12.77β12.97 (from $14.58β14.78)
β’ Americas comps -4% β οΈ
β’ China +17%, RoW +12% π
Stock -18% premarket (~$169).
Analysts: βItβs going to get worse